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There is a 6 unit multi-family building in Chicago’s Douglas Park (subpar) neighborhood that advertises a “14%” cap rate as a “guaranteed subsidy.” Aka section 8. It’s also on the MLS. The building is $380k. Fully occ...
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Investment Info:
Small multi-family (2-4 units) buy & hold investment.
Purchase price: $1,150,000
Cash invested: $300,000
Built in 1890, this Old Victorian was converted into a duplex in the 70...
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I am looking at a couple rentals in town. They are older houses but are in pretty goo shape. There are 3 houses with a total of 6 renal units. All 6 together bring in a little over 2000 a month. The only thing is ...
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Hello BP fam, I have a two part question. I'm having a slight issue coming up with an extra 2k for the closing cost on a duplex thats in contract and I have about 3 weeks to come up with it or I lose out I'm going wit...
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Hi everyone,I was wondering what is considered too old when it comes to evaluating commercial properties? Thanks in advance for the help.
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Investment Info:
Small multi-family (2-4 units) buy & hold investment.
Purchase price: $119,000
Cash invested: $24,000
Next door to my other duplex in Independence, MO. Completed rehab on one uni...
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Hi! I need to purchase a mini-split air conditioner with heat pump for an ADU. I'm looking for recommendations - brand, retailer, etc. Thank you!
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The issue I am running into, I know a good deal, I have put bids on places that would be a good deal for the last eight months, I have won about six bids but all have had issues (deferred maintenance) that put them ou...
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Basically what the title says. My unit has a finished third floor in the attic, however, there is no door to this floor. The space is big enough for a bed, has a window, etc. Side note, when they were selling the hous...
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In the milwaukee area, a lot of properties advertise heat included. If I were to find a deal with existing tenants in this condition the rent would have to be lowered if I made them responsible for their utilities. Ri...